SELLERS INTEREST CLAUSE

Notwithstanding that the interest insured hereunder may be purchased on “Free on Board” and/or “Cost and Freight” and/or “Free Along Side” or similar terms, it is agreed that the risk hereunder shall attach from the time of handling for the purposes of loading onto the carrying vehicle at the Suppliers Premises; Underwriters being subrogated to the Assured’s rights of recourse against the suppliers and/or any other interested parties.

Notwithstanding that the interest insured hereunder may be sold “CIF (Cost, Insurance and Freight) Port of Discharge”, or similar terms, it is agreed that cover continues through to Buyer’s inland destination. Underwriter to be subrogated to the Assured’s right of recourse against the consignees and/or their Insurers.

In no case shall this cause be deemed to limit in any way cover otherwise provided for elsewhere in this insurance. In no case shall this insurance contribute in double insurance

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